Drilling has demonstrated that the Lionel Diggings property has the potential to host shoots of moderate to high grade gold mineralisation within and around the sheeted vein system. In drill hole 08LD004, a previously reported intersection of 2 metres at 11.2g/t gold and 6.3 g/t silver is interpreted to be part of a mineralised shoot that extends from the gold bearing surface samples down plunge to the northeast to lower grade mineralisation in drill hole 08LD005 with an intersection of 2 metres at 2.6 g/t gold (see Figure 2).
1. 11.2 g/t gold 2. Open pit by the looks. 3. Cheap money in the bank.
IIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held